Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Derivative instruments help firms mitigate forex risk

Over $2.1 billion of foreign investement poured into Việt Nam in January

Following the recovery from the end of 2021 after the impact of the COVID-19 pandemic, many foreign-invested enterprises have stabilised and expanded their production and business activities. Thus, disbursement of foreign direct investment (FDI) also saw a positive increase of 6.8 per cent to surpass $1.61 billion during the first month of this year, FIA said in its report.

Việt Nam’s robust exports to underpin rapid growth rebound in 2022

Việt Nam’s recovery is set to gather momentum this year, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.

Mondelēz report says snacking continues to outpace meals

Mondelēz International has released its third annual ‘State of Snacking’ report, a global trends study examining how consumers make snacking decisions.

Bà Rịa - Vũng Tàu real estate market abundant in supply

A report on the Bà Rịa -Vũng Tàu real estate market of the Việt Nam Association of Realtors (VARs) recently notes that the supply in this area is always abundant, exceeding the buying demand in many segments.

Border gate congestion warning function launched

A new warning function for cargo congestion at border gates was launched on the national single window portal on Thursday, said the General Department of Vietnam Customs.

Shares finish higher in final session prior to Tết holiday

Shares finished higher during the final trading session prior to Tết holiday on Friday, propped up by the growth of the banking and textile stocks.

Vicem Bút Son to sell 4 million tonnes of cement products in 2022

Cement maker Vicem Bút Sơn planned to sell 4 million tonnes of products to the market in 2022, aiming to become a leading cement manufacturer and supplier in Việt Nam and Southeast Asia.

Vinhomes among top 10 property developers in Việt Nam

Vinhomes JSC was honoured as one of the top 10 property developers in Việt Nam at the recent BCI Asia Awards ceremony for 2020-21, the 7th straight time this company has secured the prize.

Online shopping boom continues in 2022

Online shopping will still be booming this year, even if the COVID-19 pandemic is over, experts have said.

Việt Nam plans modern and sustainable fisheries industry

Việt Nam is searching for solutions for the sustainable development of the fisheries industry.

Firms urge announcement of time for int’l tourism restoration in February

Some Vietnamese airlines, travel companies and hotel businesses have proposed the Prime Minister announce the point of time for resuming international tourism in the country right in February.

Retailers report surge in sales of Tết favourites

With just a few days to go for Tết sales of goods used to celebrate the Lunar New Year have increased sharply, according to retailers.

European companies more confident in Việt Nam’s business environment following the end of lockdown

European companies ended 2021 more positive and optimistic about Việt Nam’s trade and investment environment, according to the Business Climate Index (BCI) from the European Chamber of Commerce in Vietnam (EuroCham).

Oil traders to ramp up imports in anticipation of fuel shortage

Petrolimex and PVOIL, two of Việt Nam's largest oil traders, said they have made contingency plan regarding a possible supply disruption related to Nghi Sơn Refinery and Petrochemical (NSRP).

tesa lays foundations for new plant in Việt Nam

A ground-breaking ceremony marked the significant start for tesa's new production base located in DEEP C Industrial Zones in the northern port city of Hải Phòng.

Việt Nam’s pepper exports forecast for growth this year

The pepper export price is forecast to continue at a high level this year.

Shares decline, dragged by market heavyweights

Vietnamese shares declined on Wednesday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading.

Masan High-Tech Materials among Việt Nam's 50 Best Performing Companies in 2021

Masan High-Tech Materials has been named among the ‘Top 50 Vietnam The Best in 2021’ by Vietnam Report JSC and VietNamNet.

Techcombank reaches US$1 billion pre-tax profit in 2021

Techcombank record a US$1 billion pre-tax profit in 2021 despite COVID-19, reinforcing the resilience and potential of its business models.

Oil and gas enterprises likely to benefit from higher oil prices in short-term

Despite negative effects of the COVID-19 pandemic, oil and gas enterprises still recorded a prosperous year thanks to the sharp rise in oil prices. As oil prices are expected to remain high in the short term, enterprises in the industry are believed to continue benefitting.